July 16, 2014
While construction costs are on time and on budget, operating cost discussions are ongoing for the $133 million project.
April 17, 2014
Also provides for a continued two years of free transit service for low to moderate income youth, ages five to 17, made possible by a $6.8 million gift from Google, and extends it to 18 year olds.
March 27, 2014
At a glance, personnel costs, purchased transportation and fuel make up a majority of the $78 million budget while the remainder includes materials and supplies, maintenance services, transportation costs and utilities.
March 19, 2014
Is requesting $1.62 billion in federal capital and operating support, an increase of approximately 16% from FY 2014 federal appropriations.
January 23, 2014
The budget proposal would provide an additional $420,000 that brings Capital District Transportation Authority’s 2014 funding package to $31.6 million.
November 14, 2013
The $1.38 billion budget includes efficiency reforms and 1,000 new customer-facing jobs. This is the third consecutive budget that preserves capital investment in the transit system without diverting capital funds to balance the operating budget, a past practice that stunted critical infrastructure projects.
October 21, 2013
Reflects the positive impacts of operational efficiency reforms by CTA management to reduce wasteful spending and manage day-to-day operations more efficiently. The budget also includes the 1,000 customer-facing jobs the CTA created in 2013 to better serve passengers.
October 15, 2013
Last year at this time, the council approved an increase of $6 million for the 2013 budget, which allowed IndyGo to make noticeable upgrades to local bus service.
October 14, 2013
The administration’s Recommended Budget proposes to reduce the fares paid by individual riders by $1. According to the memo, the cost of the fare reduction was originally estimated at $500,000, but a budget analyst “mistakenly increased the revenues instead of decreasing them."
September 24, 2013
The approved fare restructure includes a phased approach for 2014 and 2015 that will eliminate the complicated zoned-fare structure for MetroRail, streamline reduced fare options and increase some pass prices.
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